Heartland Symphony Orchestra
Nonprofit profile at a glance
- EIN
- 411312390
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Little Falls, MN, USA
- Phone
- 8008261997
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $91,309
- Expenses
- $88,018
- Assets
- $13,283
- Liabilities
- $750
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- JAMES WAFLER (PRESIDENT)
People named in this filing
- JAMES WAFLER (PRESIDENT)
- TRISTEN HELLER (VICE PRESIDE)
- TOM KOTVAL (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide central Minnesota residents with cultural and musical enrichment through live symphony concerts and special programs; offering local musicians and students opportunities for symphonic performance training; and partnering with central Minnesota education institutions in developing outstanding music education programs for area youth.
What it reported doing in 2024
Guest artists and local soloists and ensembles are brought in to perform at the concerts to make each concert unique and entertaining. Often times the special guest artists are made available for presentation of hands-on music education workshops in local schools while they are visiting the area. These music clinics are presented free to the schools and the students who attend them. Every other year, the orchestra hosts a youth competition that allows young musicians the opportunity to perform with the orchestra and receive a recording of the performance. For 2025, two receipients were selected as winners of the youth concerto competition.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 100
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.7%; rating input score 61
- Program expense ratio: 63%; rating input score 63
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.6%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 10%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 1.3% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: -7.6% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 60.7% of revenue deployed · 63% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $55K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Sustainability: Operating margin scored 52/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.